123 S Westmoreland Avenue Los Angeles, CA ^$ 1,895,000

123 S Westmoreland Avenue

^$ 1,895,000

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123 S Westmoreland Avenue

Los Angeles, CA, 90004

^$ 1,895,000

Studio Baths256.0 Sq 7,760

Monthly Estimate*

^$ 11,822

Listed by Compass

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,895,000 with 256 full baths. This 7,760 square foot home was built in 1925 on a lot size of 0.1492.

123 S. Westmoreland Ave, Los Angeles, CA 90004 16-Unit Multifamily | Koreatown / Virgil Village | Huge Price Reduction. Prime Koreatown/Virgil Village location, walkable to restaurants, retail, and transit (Vermont/Beverly Metro). 16 studio units | 7,760 SF building on 6,490 SF lot. 4 units delivered vacant at COE immediate rent-up opportunity. Price reduced by $353,000 Going-in CAP: 6.94% | GRM 10.11 Priced at $118,487/unit and $244.20/SF. Qualified Opportunity Zone (buyer to verify). Subject to LARSO. Rare value-add opportunity in one of LA's most dynamic rental markets. Qualified Opportunity Zones is provided for general reference only and does not constitute legal, tax, or financial advice. Buyer to perform buyer s own due diligence to verify all permits, SQFT, bedroom/bathroom count, school, and accuracy of all property related info.

Multi-Family Active

Price

^$ 1,895,000

Bedrooms

Studio

Full Bath

256

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1492

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25538349

Days on Market

224

Features

General

Living Area 7760

Heating None

Cooling None

Zoning LAR3

Year Built 1925

Stories Count 2

Levels Two

Gross Income 187466

County Los Angeles

Net Operating Income 131505

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions East of Vermont Ave. and S. Beverly Blvd.

City Los Angeles

Disclosures Rent Control

Senior Community Y/N false

Number Of Units Total 16

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 6497

Rent Control Y/N true

Standard Status Active

Cap Rate 6.94

Interior

Total Stories 2

Air Conditioning Y/N false

Heating Y/N false

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 0

Entry Level 1

Total Baths 16

Exterior

Parking Features None

Total Parking 0

Lot Size Area 6497

Number of Buildings 1

Building Area Total 7760

Lot Dimensions 52x125

Lot Size Acres 0.1492

* Excluded Features

List By

Compass

Broker

georgemorales@compass.com

Affordability Calculator

$11,822

Per Month

Monthly Principal & Interest: $11,822
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,962

Percent of Sale Price 0%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,895,000		Listed Price

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123 S Westmoreland Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,895,000 with 7,760 sqft and a lot size of 0.1492. 123 S Westmoreland Avenue is a studio with 256.0 baths and was built in 1925. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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123 S Westmoreland Avenue

Multi-Family Home for sale in Los Angeles, CA

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